Weekend read: the ‘next big thing’
The PV industry in Southeast Asia has come a long way since guest author Ragna Schmidt-Haupt, partner at Everoze, reported on solar financing innovation in the region more than a decade ago. In this article, she outlines five factors for success, the newest of which has the potential to become a game changer, and not only in Southeast Asia.
Indonesia’s largest floating solar plant to expand to 500 MW
Abu Dhabi-based Masdar and PLN Nusantara Power, an Indonesian state-owned electricity generator, have agreed to more than triple the size of the Cirata floating PV power plant in West Java so it can generate 500 MW.
WA, Indonesia strengthen ties around critical minerals
Western Australia has signed an agreement to bolster its relationship with Indonesia around critical minerals and clean energy manufacturing – with both regions among the world’s leading producers for particular minerals.
SunCable sale complete, company lays out more subdued project scope
SunCable’s sale to Mike Cannon-Brookes’ Grok Ventures has today been completed, with the company flagging new project elements, including a subsea cable manufacturing and testing facility, as well as reiterating its vision of delivering bulk energy to Singapore via undersea cables.
Southeast Asia has technical potential to deploy over 1 TW of floating PV
A group of researchers from the US National Renewable Energy Laboratory assessed the potential for floating PV (FPV) plants at reservoirs and natural waterbodies in 10 Southeast Asian countries. It found that the overall FPV technical potential for the region ranges from 477 GW to 1,046 GW.
Vena launches Indonesia production plan to support solar, storage ‘megaproject’
Singapore-based developer Vena Energy has announced it will investigate opportunities to manufacture solar panel components and battery energy storage systems in Indonesia to support a hybrid megaproject featuring up to 2 GW of solar capacity and more than 8 GWh of energy storage.
Why Indonesia wants Australia’s help to supply world with EVs and batteries
Australia and Indonesia are forging closer economic ties built on what each country can offer the other in the transition to clean energy. Indonesia is emerging as a maker of electric vehicles and the batteries that power them. Australia has the lithium reserves Indonesia needs to do this.
SEG Solar plans 5 GW cell, 3 GW module production plant in Indonesia
United States-headquartered module maker SEG Solar has leased land in Indonesia where it will establish a 5 GW capacity solar cell and 3 GW capacity PV module manufacturing facility.
SEG Solar leases land for 5 GW cell, 3 GW module production in Indonesia
SEG Solar (SEG), a Texas-based module manufacturer, will lease land in Indonesia for 5 GW of solar cell and 3 GW of PV module capacity.
Southeast Asia solar markets set for growth this year
New PV capacity additions in Southeast Asia are expected to bounce back this year for the first time since 2020, according to the Asian Photovoltaic Industry Association. The market is expected to grow by 13% in 2023, for 3.8 GW of new installations.
